NUPRC

Tinubu’s Offshore Tax Order Targets $50bn Investment, 1mbpd Production Boost – NUPRC

Tinubu’s offshore tax incentives could unlock $50bn in investments and push Nigeria’s oil output up by nearly 1mbpd. Nine deep offshore projects are lined up for FIDs, with $10bn Bonga South expected to lead the new production wave...

Local Refining Push Gains Momentum as NUPRC Unveils Crude Swap Plan to End Supply Bottlenecks

NUPRC has begun wide-ranging consultations with industry stakeholders on a domestic crude oil and gas swap initiative aimed at reducing logistics costs. The proposed swap mechanism is expected to improve compliance with the Domestic Crude Supply Obligation (DCSO)...

NUPRC, NNPC Get Crucial Backing Amid Growing Scrutiny Over Oil Blocks, N7.13tn Spending

The Good Governance Index Group has defended the leadership of the NUPRC and NNPC Ltd, describing recent criticisms over oil block allocations and energy security spending as premature and unsupported by evidence. The group said the 2026 licensing...

NUPRC Raises Red Flag Over AI-Generated Job Scam, Warns Public Against Fake Recruitment Letters

NUPRC uncovers AI-generated fake employment letters as fraudsters impersonate the Commission to deceive unsuspecting job seekers across Nigeria. Criminal syndicates are allegedly extorting desperate applicants, demanding money with false promises of securing employment into the upstream petroleum regulator. ...

NUPRC Says Dangote Rejected 15.5m Barrels of Crude as Refinery Demands Proof

The NUPRC says Dangote Refinery rejected about 15.5 million barrels of crude offered by producers in Q2 2026. The regulator reported that producers offered 68.1 million barrels, but the refinery accepted 52.6 million barrels. Dangote disputed the figures...

NUPRC Projects Up to $50b Investment Potential From 22 Offshore Projects  

Nigeria is positioning 22 major offshore projects to attract between $30 billion and $50 billion in fresh investments over the next five years. The investment drive is expected to boost crude production, create jobs, expand infrastructure and strengthen...

Nigeria’s Crude Oil Output Reaches Highest Level Since 2020 as Questions Mount Over Economic Impact

Nigeria's crude oil production rose to 1.56 million barrels per day, its highest level since April 2020. The country exceeded its OPEC quota for the second consecutive month, achieving 104 percent compliance. The milestone has reignited questions about...

Work Resumes At NUPRC As Unions Call Off One-Day Strike

June 02, (THEWILL) — Work has fully resumed at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) following the suspension of the one-day industrial action embarked upon by workers’ unions over internal labour-related issues. THEWILL reports that the strike, which began...

Crude Oil Production Unaffected As Workers Protest Foreign Training Policy – NUPRC

June 02, (THEWILL) — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured industry stakeholders that Nigeria’s crude oil and gas production remains stable and unaffected despite the ongoing nationwide strike by workers protesting the commission’s foreign training policy. The...

Foreign Training Row Triggers NUPRC Staff Industrial Action

June 01, (THEWILL) — Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have embarked on an indefinite nationwide strike, shutting down all commission...
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